Quote:
Ford also unveiled plans to pare an additional $11.5 billion in costs between 2019 and 2022. These reductions would come on top of the $14 billion in cuts that the automaker previously announced in the fall.
The latest planned reductions will come from areas including engineering, materials costs, marketing and sales.
Ford Chief Financial Officer Bob Shanks told reporters it is too early to say whether the additional cuts and "efficiency opportunities" would result in layoffs or staffing reductions.
To early to say because the election is in November. But where else are they going to get $25.5 billion?